Mortgage Loans

Article Summary Delaware’s retiree inflow is concentrated in Sussex County, which added 40,000 people since 2020. HousingWire Data shows Sussex is closest to buyer-friendly conditions with 3.7 months of supply and 168 average days on market, even with a $575,000 median list price. It’s no secret that the U.S. population is aging rapidly. An Urban

Article Summary Ousted Better Home & Finance founder Vishal Garg is suing the company’s board and interim CEO Daniel Lewis in Delaware Chancery Court. Garg claims the board used “lies and manipulation” to fire him and adopted a “poison pill” to illegally entrench themselves and thwart shareholder voting rights. Founder Vishal Garg has sued Better

Article Summary Credit scoring and bureau executives said expanded data can improve risk assessment, especially for borrowers with thin files or nontraditional income. They cautioned lenders to validate AI and alternative data within workflows, regulations and capital markets requirements. Mortgage lenders have been hurtling toward a new credit scoring regime centered on FICO 10T, VantageScore

Article Summary Mortgage Bankers Association data shows cost per funded loan increased 57% over 10 years, reaching $11,094 in 2025. The piece points to stacked point solutions and handoff-heavy workflows as drivers, and outlines a batch and task-based operating model. In 2015, it cost the mortgage industry $7,046 to fund a loan. In 2025, it

The MBA Purchase Applications Payment Index (PAPI) shows July affordability improved as the median purchase applicant mortgage payment declined to $2,175. The national PAPI fell 1.3% to 155.8, and payments were up 2.2% year over year. Homebuyer affordability improved in July as the median monthly mortgage payment for purchase applicants fell to $2,175, down from